- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$30K - $36K
- Units as of 2014
-
1
Company Overview
About STEMTech Kids Franchise Inc.
| Industry | Children's Businesses |
|---|---|
| Related Categories | Children's Enrichment Programs: Miscellaneous, Tutoring |
| Founded | 2013 |
| Leadership | Frances Guiney, Founder and CEO |
| Corporate Address |
1212 S. Naper Blvd., #119-286 Naperville, IL 60540 |
Business Overview
| Franchising Since | 2014 (10 years) |
|---|---|
| Where seeking |
This company is offering new franchises throughout the US. |
| # of Units | 1 (as of 2014) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a STEMTech Kids Franchise Inc. franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$25,000 |
|---|---|
|
Initial Investment
|
$29,800 - $36,100 |
|
Net Worth Requirement
|
$50,000 |
|
Cash Requirement
|
$30,000 |
|
Veteran Incentives
|
15% off franchise fee |
|
Royalty Fee
|
10% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | STEMTech Kids Franchise Inc. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | as needed |
|---|---|
| Classroom Training | 3 days |
| Ongoing Support |
Newsletter
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
|
| Marketing Support |
Ad Templates
|
Operations
Additional details about running this franchise.
|
Can this franchise be run from home/mobile unit?
|
Yes |
|---|---|
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 1-5 |
|
Are exclusive territories available?
|
Yes |
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